‍#BTC是否会突破12万

Bitcoin whitepaper anniversary tomorrow, Satoshi's $5 billion missing.

The 17th anniversary of Bitcoin's whitepaper is tomorrow, and Satoshi Nakamoto's wallets are practically bleeding. His total assets have decreased by over $5 billion in the last day.

BTC's price is struggling as confidence among individual and institutional investors wanes. We are facing uncertain times, but such signals could further fuel the community's bearish sentiment.

Satoshi's Bitcoin Holdings

Despite some bullish expectations from some analysts, Bitcoin's price has been declining in recent days, and shifts in market dominance could exacerbate this trend.

Earlier today, Arkham Intelligence reported that Satoshi Nakamoto's personal Bitcoin wallet had lost almost $5 billion in 24 hours, providing a striking data point.
Arkham said single-day losses remained below $5 billion, but this observation about Satoshi's wallet was made while Bitcoin was still trading around $108,000. In the intervening hours, the price of BTC fell further, falling below $107,000.
Whether these declines will continue is uncertain, but the outlook is bleak. Tomorrow marks the 17th anniversary of Satoshi's publication of the Bitcoin whitepaper, and the cryptocurrency community is facing a fragile period.

It's too early to declare a crisis, but retail investor sentiment is shifting toward fear.

A tense anniversary

Nevertheless, several data points are fueling this atmosphere of anxiety. The US Federal Reserve (Fed) cut interest rates yesterday, which would normally signal a price increase for crypto assets.

However, since this development, retail and institutional investors have entered a full retreat, signaling low confidence and triggering price declines.
Experts are harshly criticizing the ways Bitcoin deviates from Satoshi's initial vision. Crypto was intended to be stateless and decentralized, but it is now more intertwined than ever with major governments.

In other words, throughout Bitcoin's history, Satoshi Nakamoto and his vision have been a common reference for cryptocurrency enthusiasts of all stripes. If a major milestone for the community is approaching and their wallets are bleeding, this can also be a meaningful symbol.

Whether you like it or not, symbols and narratives play a significant role in shaping investor sentiment, and this is crucial in this industry. Without genuine confidence from individual investors, tokens could experience historic price declines in record time.